Herzfeld Credit Income Fund, Inc. Pays Distribution

Herzfeld Credit Income Fund, Inc. (Nasdaq: HERZ) (the “Fund”) today announced that the Fund has made the following year-end distribution: The distribution for stockholders has been paid in cash or shares of the Fund’s common stock at the election of stockholders. The total amount of cash distributed to all stockholders was limited to 20% of the total distribution to be paid, excluding any cash paid for fractional shares. The remainder of the distribution (approximately 80%) was paid in the form of shares of the Fund’s common stock. The exact distribution of cash and stock to any given stockholder was dependent upon his/her election as well as elections of other stockholders, subject to the pro-rata limitation. The price used to calculate the number of shares to be issued in lieu of cash is $2.5799, which was determined using the volume-weighted average price per share of the Fund on December 12, 15 and 16, 2025. The total amount of cash and shares distributed under the Policy was as follows: Stockholders who elected to receive the distribution solely in shares of common stock and stockholders who did not make an election will receive approximately 0.26617 shares of common stock for each share of common stock they owned on the payment date of December 30, 2025. Holders of approximately 84.49% of the Company’s common stock elected to receive only stock or did not make an election. Stockholders electing to receive the distribution in all cash will receive cash in the amount of $0.16256 per common share, or approximately 23.67% of the $0.6867 distribution, and 0.2032 shares of common stock, or approximately 76.33% of the total distribution for each share of common stock they owned on the payment date of December 30, 2025. Cash in lieu of fractional shares will be issued, if applicable.... Read more

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